Many wealthy people in China have funds because the benefits of funds are many.

There are very complicated reasons why wealthy people want to set up funds. First of all, we must understand the Chinese heritage laws, tax laws and relevant laws of charitable foundations.

China does not encourage the practice of inheriting huge inheritance from parents for nothing, so the inheritance tax in China is extremely high.

Although the inheritance tax rate is sometimes high and sometimes low, it is roughly around 45%. In South China, because there is no state-level income tax, in order to ensure state government taxes, it levies an additional state inheritance tax of up to 20%.

In other words, if the rich man passes his wealth directly to his children, after paying the inheritance tax, he will almost only have 40%.

China also imposes high asset value-added tax on investment income, with tax rates ranging from 15% to 35%.

If the company shares they hold for a long time are sold, the rich will pay 15% of the asset value-added tax. If he cashes in short-term investment income, he will have to pay up to 35% of the federal tax, and in some eras it is up to 38%.

This practice of China is a historical ruling problem, because killing the rich and helping the poor is the driving force for the entire society to develop in a balanced manner. You can imagine that if the rich become richer and the poorer the poorer, then the society will slowly fall into the production structure of a slave society, and the lower-class people have no room for development at all, and the entire society will regress.

If a country always has a large number of absolute poor people, its economic momentum will be insufficient, and ups and downs will inevitably occur, which will eventually affect every poor and rich. Therefore, the unfair distribution of social wealth, the polarization of the rich and the poor, and the abnormal concentration of social wealth will inevitably lead to social instability. The five thousand years of history of China's country proves this eloquently.

The income gap is too large and the wealth is too concentrated, which is enough to pose a considerable threat to economic development.

If the money obtained through power and money transactions are regarded as "bad money", and the income obtained through labor is regarded as "good money", and according to the logical result of "bad money drives out good money": if bad money is equal to good money, and the existing system cannot punish those who hold bad money, people will imitate those who get money obtained through power and money transactions, and society will enter a vicious cycle.

In addition, the low living conditions of the poor will make them lose their enthusiasm for labor and reduce their productivity. Social injustice and inequality also gradually make people lose their national cohesion. The idle population resources lead to serious social problems and threaten the long-term stability of society.

Therefore, the imposition of high inheritance tax and investment tax is a necessary means to ensure social stability, and it has great benefits for the rich and the poor.

However, the reason why the rich are rich is that they have a mind, policies from above and countermeasures from below. The rich will reasonably avoid taxes by establishing their own charitable funds.

We might as well do some calculations. If a rich man sells his stock and transfers it to his child, then for every billion yuan of assets, only lx(1-45%)x(1-20%)x(1-15%)=37%, that is, 37 million yuan.

If we invest this 37 million yuan and calculate it at a 10% return on investment per year (this is a reasonable number in China), and the annual investment income is taxed at an average tax rate of 30%, then the child of the rich will receive 280 million yuan in 30 years.

The only way to pay less taxes and leave as much property as possible to your children is to donate it to your own charitable foundation.

Doing so can exempt three taxes, asset value-added tax for the first time, estate tax and annual investment VAT.

Chinese law also stipulates that all charitable foundations must donate 5% of their property every year, which is one of the reasons why charitable foundations have to donate some money every year: they must donate according to the law.

After this rich man donated his money to his own foundation, how much money can he keep for his children for every billion yuan of property?

Assuming that the foundation's investment return is 10% per year, and 5% is left after deducting 5% of donations. Now the foundation does not have to pay any taxes from beginning to end. Over the past 30 years, the principal of this 100 million yuan has increased to 430 million yuan, and it also donated 330 million yuan to the public.

Therefore, if the management is well done, the rich man will not only leave more than 150 million yuan for his children, but also gain the reputation of philanthropists through the donation of 330 million yuan. More importantly, most wealthy people in China like to transform society through themselves rather than through the government, which can be said to have gained fame and fortune.

Pang Xiaonan didn't understand these at all. He only knew that the purpose of establishing a charity fund was to help more students with difficulties like him.

Pang Xiaonan told Member Wang that he had set up a fund:

"Look, this time I produce a breathing shield, it is expected to generate a profit of several million. I don't know what to use for the people. But I only have a simple hope. I hope that poor students like me can live better. Because I saw their difficulties in the operation of this business, I wanted to take out a part of the profit and establish a charitable fund. The main purpose of this fund is to help the poor students around me make some money. You also know that millions can only be considered a drizzle for a fund, so this fund must make money, otherwise

Sooner or later, I hope that the fund can also drive poor students in need to make money together in the process of making money, because it is better to teach people how to fish than to teach people how to fish. This is also a respect for poor students. It does not bring them the feeling of inequality of receiving gifts, and let them make money through their own labor. They are also at ease. As for me, it can be said that before they graduate, or they can develop their hobbies. In short, this fund is to bring some channels for money to students of Dongli Military Academy through the co-entrepreneurship model."

Pang Xiaonan paused, took a sip of tomato egg soup, and asked Member Wang, "What I said, do you understand?"

Member Wang nodded and pondered: "Your idea is very good. In fact, strictly speaking, you should be an entrepreneurial fund, which is to provide a platform for poor students to start businesses."

Pang Xiaonan shook his head and said, "It's not entirely an entrepreneurial fund. If it's purely a fund for students to start a business, then this deviates from my original intention. In fact, children with family backgrounds like me rarely have the idea of ​​starting a business, because life has not been easy since childhood. Who has the idea of ​​starting a business? Even if there is, they just want to earn some simple living expenses through their own labor, such as working, selling local products, etc. Starting a business in this era requires a lot of comprehensive knowledge. For example, the software you just mentioned to me called Linlin, I absolutely don't believe it is an idea that rural children can think of because they don't have this living environment."

"So what you mean is, you go and create a platform," said Mr. Wang, who was half lying on the table and discussing with Pang Xiaonan with a lively discussion. "Then guide those poor students to start their own businesses, or arrange some positions and then share shares for them?"

"It's about that," Pang Xiaonan browed deeply, feeling that he still didn't express his true thoughts very clearly. "In fact, I am more like creating an atmosphere, which is the object I want to fund. I don't need to invest in my platform, but I can use my position requirements to the best of my ability based on my expertise, and then make money through this performance."

Pang Xiaonan shook his head, "Oh, I don't know if I have expressed it clearly. I just don't know what model should be used to realize my idea. It doesn't matter if I don't have enough investment in the early stage. I can make money slowly and add it up slowly, but I must figure out where the business model of this fund is, otherwise I will be the wrong move at the beginning, and then I will become more and more biased in the future."

"Well, I think your idea is good," said Mr. Wang, poured a glass of wine for Pang Xiaonan, then filled himself, and raised his glass, "Cheer to you for such long-term considerations at such a young age!"

Mr. Wang drank it all, wiped his lips, then put down his cup and said, "From my investment experience, your project can only be considered as an Internet project."

"What?" Pang Xiaonan had no idea about the project, but when he was excited, he thought about it. He wanted to do all the money-making projects, whether it was an Internet project or a physical project.

"What do you think about it? What does college students lack the most?" Mr. Wang said earnestly.

"It's time." Pang Xiaonan blurted out because people who go to college are used to being free and casual. Students like him can't remember how long it took for him to attend class.

"That's right, what college students lack the most is time," said Mr. Wang. "Then think about it again, what are college students lack the most?"

"Money? No, the poor are still a minority of children, and socialize? No, some are lively and outgoing..." Pang Xiaonan thought for a while, but Congressman Wang kept silent and waited for his answer.

"It should be subjective initiative and discipline." Member Wang finally couldn't wait and answered this question for Pang Xiaonan.

"It seems to be." Pang Xiaonan nodded and agreed with Congressman Wang's statement.

"You think about it the other way around. If there is no shortage of time, then what are they doing with time? Are some people playing games, some people going to work, and some people going to fall in love? Instead, they want to go to class and have no time. This is because they have no self-discipline." Mr. Wang knew that Pang Xiaonan could not answer because Pang Xiaonan and most college students were completely different. Pang Xiaonan was a person with a very subjective initiative and self-discipline.

Pang Xiaonan took a deep breath and refused to agree, "Lao Wang, what you said may be some phenomena, but in our school, the majority of people who love to study are still the ones who love to study. Look at the amount of the library is full, they are all dominated by people who love to study..."

"I didn't say that college students don't like to study, but you have to compare it," Mr. Wang pointed to a bowl of stir-fried meat and then to a bowl of tomato egg soup. "Look, some dishes have more meat and less soup, and some dishes have more soup and less meat. Are college students like birds in cages flying into the big forest and completely liberated? So they are no longer restricted and do whatever they want."

"Lao Wang, what does this have to do with the Internet without subjective initiative and lack of self-discipline?" Pang Xiaonan finally asked the point, and if he pulled it down, the college students in China were said to be like birdman by Mr. Wang.

"Only the Internet project can tolerate and carry forward these two shortcomings." Mr. Wang hit the nail on the head.

"I don't understand very much." Pang Xiaonan shook his head, expressed his lack of understanding of the brain circuit of Congressman Wang, and sent him a confused look.

"It seems that you don't know much about the Internet," said Mr. Wang, picking up a fried fish and throwing it into his mouth. "Look, college students usually stay in the dormitory without any trouble, right? Can you operate Internet projects if there is an internet cable in the dormitory? Also, since college students lack subjective initiative, then we have to let them show themselves on the Internet by themselves. Once people recognize them, will they be motivated?"

"Selling things online?" Pang Xiaonan thought of online shopping, and many people worked part-time to open online stores at home.

"I haven't figured out the specific form yet. There should be many such projects. I need to exchange opinions with those who often get involved in the Internet industry. We are just thinking about it all night long." Although Mr. Wang has been in contact with people in the Internet industry, he has only a little understanding of the Internet, so he dare not speculate on Pang Xiaonan's project.

"That's right, you're right!" Pang Xiaonan poured the wine for Congressman Wang, then poured himself a glass, raised his glass and said, "Come on, drink and drink, you can find a professional talent and explain my requirements clearly. If you leave professional matters to professional people, we won't worry about it anymore, do it!"

"Okay, I've done it!" Mr. Wang raised his neck and drank a glass of wine. "You can't be anxious about this kind of thing. Projects are hard to come by. Anyway, someone will come to you. I'll find some good projects for you. You can pick them up and see them yourself. Maybe there will be major projects in the future."

"It depends on you." Pang Xiaonan took the opportunity to pour wine for Member Wang again.

"Let's do this for the fund first. No hurry. It's not too late to choose a project before establishing it. Let's talk about your current affairs. If you beat the hungry wolf, don't you worry?" Mr. Wang picked up a handful of vegetables and put them in his mouth to chew. His teeth were not good and he couldn't always eat meat. The vegetables were crisp and crisp, just for the nourishment of teeth.

Pang Xiaonan smiled and said, "What's there to worry about? Just a gang of the Hungry Wolf Gang. What can I do with me, a good citizen? You are a senator, Lao Wang, you can't allow such criminal activities to happen under your nose."

Mr. Wang laughed heartily, "Xiao Nan, this society always has a dark side. How can the sun shine in the sun? Although the Hungry Wolf Gang is a gang, it has not done too much, right? Even if it has done some shameful activities, it is still wearing a legal cloak. Without the Hungry Wolf Gang, there will be the Black Tiger Gang, the Qinglong Gang, and the Hungry Wolf Gang are just a piece to maintain local social order. Just like the government manages good people, then those bad elements sometimes rely on these gangs to transform, which can also reduce the pressure on the government, right?"

"You are right," Pang Xiaonan sighed, "I have never provoked the Hungry Wolf Gang, and I don't know what's going on. The Hungry Wolf Gang can always run into me, and every time I force me to take action. Oh, I have no choice. You say I won't teach them a lesson, I will be beaten myself, and I always defend myself."

Member Wang raised his hand to stop Pang Xiaonan's complaints and said with a smile: "I know your style. You will not take action until you have to. Once you take action, you will be vengeful. This time, you will beat the Hungry Wolf Gang to a badass, right?"

"Hehe, it's not too miserable," Pang Xiaonan scratched the back of his head, "It just broke some people's bones and asked them to compensate me 1 million." Pang Xiaonan felt that there was no need to hide the matter of asking Angelina to pay money.

"You are extortion." Member Wang pointed at Pang Xiaonan, feeling funny. A gang of gangs was blackmailed by college students.

"What kind of extortion? I'm the income from labor!" Pang Xiaonan refused to admit the accusation of Congressman Wang. "Think about it, if there are more than a dozen of them hit me, how much energy and labor do I have to put in to deal with so many people? Also, there are great risks. Fortunately, I have good kung fu, otherwise I will still be back? How much pressure do you think I will be injured and disabled by them if you are not careful. Shouldn't you pay for this little money?"

Pang Xiaonan made a fuss, as if 1 million is a very fair claim.

"You, you," said Congressman Wang, pointing at Pang Xiaonan and smiled helplessly, "You are a fallacy, but you are considered the right medicine for gangs like the Hungry Wolf Gang."

"Hey, Lao Wang, are you familiar with the Hungry Wolf Gang?" Pang Xiaonan asked curiously, "Earing the Hungry Wolf Gang's tone, it seems that they have a chance to Peng Yuyan. Didn't Peng Yuyan hang out with you? I guess you have suppressed the Hungry Wolf Gang before."

"Haha," Mr. Wang touched his stomach. He had eaten a little too much, but he still couldn't help but pick up a piece of braised tofu and taste it. "Hungry Wolf Gang, I have some friendship with their founder, but now I have ignored the affairs of the world, so it is possible that they have sex with Peng Yuyan. After all, Peng Yuyan will help me manage the business and will more or less deal with the gang."

"Oh, do you know the founder of the Hungry Wolf Gang?" Pang Xiaonan was intrigued. The gangster drama should not be missed, "Tell your story."

Mr. Wang looked up at the ceiling and began to recall the past: "The founder of the Hungry Wolf Gang is called Anji Baicai. He used to be a soldier. Later, after he retired from the army, he worked as a mercenary abroad. Later, when he was old, he returned to China and did not want to fight and kill again. He just started a small business in Huahai City. Decades ago, the public security in Huahai City was not very good. When he was in a small business, he was bullied by gang gangs and suffered several grievances. So later, he was angry and contacted his previous partners who were mercenaries. They formed a gang themselves, which was hungry.

The predecessor of the Wolf Gang, the name of their gang was the name of the squad when they were mercenaries abroad. Their idea was very simple. Instead of being extorted by other gangs, it was better to protect themselves. This was a very simple idea. However, other gang forces could not tolerate sand and encircled them several times. However, because they were mercenaries after all, those gangs did not pose a great threat to them. On the contrary, the Hungry Wolf Gang grew up in the encirclement of various major forces and became the largest force in the coastal areas of Huahai City, which is now the university town."

Member Wang paused, took a sip of the soup, and Pang Xiaonan took the opportunity to toast, "I have wine, you have a story, I toast you a glass of wine, you continue to tell your story. But until now, you have not appeared."

Member Wang raised his glass to clink with Pang Xiaonan, and then his hands paused in the air, "Don't be anxious, you can hear a good story with patience." After saying that, he raised his hand, raised his head, poured the wine in the glass into his mouth, and then wiped his mouth with his palm, continuing to tell.

"If gangs want to develop, they naturally cannot do without economic support, so the Hungry Wolf Gang has to engage in some illegal activities. In fact, at the beginning, the Hungry Wolf Gang wanted to do serious business, but serious business made money slowly. Other gangs have gained money through illegal business, so they have the ability to buy people's hearts and attract talents. If the Hungry Wolf Gang doesn't find a way, it will sooner or later be developed and overtaken by other gangs. In this way, the Hungry Wolf Gang will lose its advantage and be suppressed. Therefore, Anji Bai made a quick decision. What other gangs do, the Hungry Wolf Gang must follow it, and it must do better. Mercenaries are originally fighting and killing people. In terms of ruthlessness, they are unrivaled in Huahai City. So gradually, the illegal activities of the Hungry Wolf Gang are getting bigger and bigger, and finally attracted the attention of the government."

Pang Xiaonan looked at Member Wang’s eyes and added: “It’s finally your turn to appear at this time.”

Member Wang nodded, smashed the bar, smashed the bar and said, "That's right, I was still in charge of the army in South China at that time. The government turned a blind eye to the struggle between gangs. The balance of multiple forces is the prerequisite for ensuring social stability, so the government does not want to see which force is dominant. Many of the practices of the Hungry Wolf Gang violated the government's bottom line, such as killing and robbing. Sometimes, the practices of the Hungry Wolf Gang are too blatant. I remember one time, the police found a smuggling ship floating empty in Huahai City.

Near the coastline, dozens of people died on the deck and in the cabin. Later, after investigation, it was found that this was a case caused by the Hungry Wolf Gang robbing smuggled materials. The dozens of people on the ship were shot to death without mercy. Tell me, is this Hungry Wolf Gang arrogant enough? He didn't consider the impact of the crime. Originally, you were fighting against the gang, don't let the government know, just forget it, whether it burns or sinks, you have to send dozens of corpses to the police. This is simply a naked provocation and does not take the government seriously, so the government must take action."

"You are in charge of the military. If the government wants to take action, it's not your turn to stand up, right?" Pang Xiaonan's consciousness was that the army was external, and the police had the final say on whether it was internal or internal.

"So, the Hungry Wolf Gang has reached the point where the public security armed forces can't do anything to them," said Congressman Wang. "It can destroy dozens of militants with lightning speed. Think about how terrifying their combat effectiveness is. Ordinary police, even special police, have no choice but to deal with them. They have been mercenaries, and many people are on the list of killers in the world. Such a group of desperados can only send troops to suppress them."

"So you led the team to wipe out them?" Pang Xiaonan thought to use the army to wipe out the gang, which was also sensational. Only in ancient uprisings or rebellions could this situation be achieved.

Member Wang shook his head and said with a smile: "My level has not appeared so early. Before the army is dispatched, they will definitely recruit their forces. Either the Hungry Wolf Gang will plead guilty, hand over the leaders of the heads, and give the people an explanation, or the worst result. The army will dispatch the Hungry Wolf Gang. The government first contacted Anji Baikan and conveyed our tough attitude, but Anji Baikan was very confident. He said do you have evidence? Why do you say that I am the mastermind behind the scenes, and why do you slander the Hungry Wolf Gang?"

"What do you mean is that the official has not caught evidence of the crime of the Hungry Wolf Gang?" Pang Xiaonan was a little surprised by this result. If the evidence was not captured, the government could not use Anji for nothing.

Mr. Wang shook his head, took out a cigar from his casual pocket, and glanced at Pang Xiaonan, "Don't you mind if I smoke a cigarette, do you?"

"Damn, I haven't seen you smoke before. When did you have this hobby?" Pang Xiaonan stared at the cigar, looking very high-end.

"Actually, I have always been accustomed to smoking cigars," Mr. Wang picked up the cigar and took out a kerosene lighter. He ignited the fire with a bang. He put the head of the cigar on his head and lit the cigar while whispering cigarettes. "But you also know that the heart was not very good a few years ago. Sometimes it would be painful to choke. I quit for a while, but now you have cured me and are healthy, I am a little addicted." Mr. Wang exhaled a long sip of cigarettes, as if he was very enjoyable, "It's so good!"

After smoking two or three cigars, Mr. Wang continued the previous topic: "Angie Baicai and others from the Hungry Wolf Gang have experience as a mercenary, so they have a strong sense of anti-reconnaissance. Every time they commit a case, they will eliminate the evidence. Therefore, although the investigators know that this is what the Hungry Wolf Gang did, they cannot find their evidence. In other words, every case, they can suspect the Hungry Wolf Gang, but they are suffering from the lack of actual evidence, so they have been letting the Hungry Wolf Gang and others go to justice."

Seeing the cigar head on Mr. Wang’s hand emitted a flash of red light, Pang Xiaonan was also a little moved and asked, “Old Wang, you can’t eat it alone. Is there any cigar left? Give me one too.”

"Aren't you not smoking?" Mr. Wang looked at Pang Xiaonan with a smile, "My cigar is very precious. The tobacco is all super-grade tobacco on the southern island of China, and it is made by hand."

"I don't smoke, but is smoking a cigar the same thing as smoking?" Pang Xiaonan knew a little about cigars. At this time, in order to get the top cigars of Mr. Wang, he said it all in a nutshell in order to get Mr. Wang's top cigar.
Chapter completed!